DEVELOPMENTS

DRIVING VALUE

Development update

Demand from customers globally remains robust and the Group’s focus remains on delivering quality developments. This is reflected in strong margins and almost full occupancy on completion of projects over the past nine months.

The Group has 73 development projects in progress around the world.

Development work in progress by region as at 31 March 2018

Asia33%

Europe31%

Australia / New Zealand21%

Americas15%

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LOGISTICS CENTRE MARL I & II

Marl, Dusseldorf, Germany

235,000 sqm for international food specialist METRO Group. The record-breaking building is the size of 33 football fields and is Goodman’s largest logistics property in Europe. The property will play a central role in METRO’s new logistics strategy.

OAKDALE INDUSTRIAL ESTATE

Eastern Creek, Sydney, Australia

36,735 sqm for Reckitt Benckiser, a producer of health, hygiene and home products. The facility features office space and a temperature controlled section, along with general warehouse space, which is one of the largest properties in the Estate.

GOODMAN COMMERCE CENTER EASTVALE

Southern California, USA

Spanning 200 acres, Goodman Commerce Center Eastvale is one of the largest, mixed-use developments in Southern California. The Center will provide Class A logistics, retail and business park facilities.